After nearly 40 years in business, clothier Lyn Evans Potpourri Designs plans to close all stores including locations in New Canaan and Ridgefield, even as the daughter of the chain’s namesake founder attempts to recruit investors to reopen stores.

Lyn Evans was created by Linda Evans Shotkus who had a home in Weston, and who died in May 2016. Since then the company has been run by her widower Stan Shotkus and daughter Jenn Shotkus.

Lyn Evans Potpourri Designs has stores at 105 Elm St. in New Canaan and 423 Main St. in Ridgefield, as well as four locations in Massachusetts where it lists its main office in Wellesley. The company plans to hold clearance sales starting Wednesday, June 28, offering up to 70 percent off including on its stock of accessories like handbags.